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Msg  894 of 903  at  7/6/2022 10:38:26 AM  by

E_K_S

The following message was updated on 7/6/2022 10:39:42 AM.

 In response to msg 893 by  PinewoodsBear
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Re: building assets

I was sort of in the same boat, flipping real estate in Silicon Valley (during 1990) at the same time building my stock portfolio. At the time of the 2008-2009 real estate crash pick up a beautiful property in S. Lake Tahoe NV.

I live their 6 months out of the year (no State Income tax) and continue to build my stock portfolio. The Duplex I own in Tahoe I have remodeled and now am converting to two Townhouses. I lucked out since 1/4 miles away on the Lake is a condo development w/ units selling $2-$13 million !

My units once converted are now worth $1 million each (or more).

No debt paid all cash and still own my Silicon Valley home where I am constructing an ADU.

The key is do what interests you is exciting and challenging. You also will be lucky too on many of your investments.

Like today got a buy out on RFP +60% which I bought late last year when lumber prices hit the roof.
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I believe BGS has a lot of really good assets and love that 7% dividend. Many times 'old lady' stocks are good especially if they have good core assets and are well managed.


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